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Restructuring and Severance (Tables)
12 Months Ended
Dec. 31, 2024
Restructuring and Related Activities [Abstract]  
Summary of Activity in The Restructuring and Severance Liability

Liabilities have been established for employee separations and contract terminations. A summary of activity in the restructuring and severance liability is shown below:

 

 

 

 

 

 

 

 

 

 

(dollars in millions)

 

Employee Separation

 

 

Contract Terminations

 

 

Total

 

Balance as of December 31, 2021

 

$

0.1

 

 

$

 

 

$

0.1

 

Charges

 

 

 

 

 

 

 

 

 

Utilizations

 

 

(0.1

)

 

 

 

 

 

(0.1

)

Balance as of December 31, 2022

 

$

 

 

$

 

 

$

 

Charges

 

 

10.8

 

 

 

 

 

 

10.8

 

Utilizations

 

 

(0.6

)

 

 

 

 

 

(0.6

)

Balance as of December 31, 2023

 

$

10.2

 

 

$

 

 

$

10.2

 

Charges

 

 

59.9

 

 

 

0.6

 

 

 

60.5

 

Utilizations

 

 

(29.9

)

 

 

(0.4

)

 

 

(30.3

)

Balance as of December 31, 2024

 

$

40.2

 

 

$

0.2

 

 

$

40.4

 

Summary of Restructuring Activity

A summary of restructuring activity is presented below:

 

(dollars in millions)

 

Network

 

 

Corporate

 

 

Total

 

Balance as of December 31, 2021

 

$

0.1

 

 

$

 

 

$

0.1

 

Charges

 

 

 

 

 

 

 

 

 

Utilizations

 

 

(0.1

)

 

 

 

 

 

(0.1

)

Balance as of December 31, 2022

 

$

 

 

$

 

 

$

 

Charges

 

 

10.3

 

 

 

0.5

 

 

 

10.8

 

Utilizations

 

 

(0.6

)

 

 

 

 

 

(0.6

)

Balance as of December 31, 2023

 

$

9.7

 

 

$

0.5

 

 

$

10.2

 

Charges

 

 

59.3

 

 

 

1.2

 

 

 

60.5

 

Utilizations

 

 

(29.8

)

 

 

(0.5

)

 

 

(30.3

)

Balance as of December 31, 2024

 

$

39.2

 

 

$

1.2

 

 

$

40.4